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Misrata Chamber signs strategic MoU with Tunisia Africa Business Council

bySami Zaptia
June 28, 2022
Reading Time: 2 mins read
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Misrata Chamber signs strategic MoU with Tunisia Africa Business Council

A strategic partnership agreement was signed in Misrata between Misrata Chamber of Commerce and the Tunisia Africa Business Council (TABC) (Photo: Misrata Chamber).

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A strategic partnership agreement was signed in Misrata yesterday between Misrata Chamber of Commerce, Industry and Agriculture and the Tunisia Africa Business Council (TABC).

Anis Al Jaziri, TABC head said the aim of the agreement is to develop investments and trade exchanges between Tunisia and Libya.

He said Misrata is a very important economic and industrial centre, open to the Mediterranean with a commercial port of the largest and most active Libyan ports, and a developed free zone that enables investors to obtain many privileges

He said, most importantly, Misrata is a candidate to be one of the most important economic and commercial centres for the development of exchanges with Africa and South Sahara through Niger and Chad. For example, he said the fleet of trucks in Misrata is more than 7,000 trucks and is the most important on the African level.

In addition, Misrata Chamber includes approximately 30,000 companies from various sectors, which indicates the weight of this region in the Libyan economy.

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The Tunisian-Libyan exhibition – Misrata 15 to 17 November
The agreement was signed to organize the first session of a Tunisian-Libyan exhibition with an African orientation on the grounds of the Misrata International Fair on 15 to 17 November, to encourage Tunisian investors to establish themselves in Misrata as a starting point towards some sub-Saharan African countries and to link partnerships with Libyan industrialists and traders.

2nd Tunisian-Libyan Economic Forum – Sfax 28 and 29 September
The agreement was also signed for the Misrata Chamber to participate with a large and high-level delegation of businessmen from the region for the second session of the Tunisian-Libyan Economic Forum, which will be organized in Sfax on 28 and 29 September.

Improved transport links
The two sides also agreed to work with their respective authorities to activate exchanges between Tunisia and Libya by creating a maritime line between Sfax and Misrata, increasing flights between Tunisia and Misrata, and completing the remaining 200 km to link Misrata to Sebha, then the Libyan border, and then Agadez with Niger.

Al Jaziri hoped that this first visit to Misrata and the signing of the partnership contract will result in further consolidating the relationship with Libya, improving trade exchanges and developing investments between the two countries, especially joint work to develop respective exports towards sub-Saharan Africa.

Tags: Anis Jaziri head of Tunisian-African Business Council TABCMisrata Chamber of CommerceTABC Tunisia Africa Business Counciltransit trade
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